Tagged: Federal Reserve

Beige Book Finds Tepid Growth as US Economy Battles Pandemic

Beige Book Finds Tepid Growth as US Economy Battles Pandemic

Banking & FinanceRestaurants & Food

A Federal Reserve survey of business conditions around the country found that the U.S. economy grew at a “slight to modest” pace in September and early October, but also documented many areas of economic activity hobbled by the coronavirus pandemic. read more >

Powell Says US Economy Facing Heightened Uncertainty

Powell Says US Economy Facing Heightened Uncertainty

Banking & Finance

Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to contain the spread of the coronavirus. read more >